COB 2.1.2

(1) This chapter does not apply to a Credit Rating Agency in so far as it carries on, or intends to carry on, the Financial Service of Operating a Credit Rating Agency.
(2) This chapter does not apply to an Authorised Firm in so far as it carries on the activity described in GEN Rule 2.26.1, provided that no other Financial Service is carried on.
(3) This chapter does not apply to an Authorised ISPV.
(4) Except as provided in (5), this chapter does not apply to an Authorised Firm that is Operating an Employee Money Purchase Scheme or Acting as the Administrator of an Employee Money Purchase Scheme.
(5) An Authorised Firm referred to in (4) must treat the Members, Beneficiaries and Participating Employers of an Employee Money Purchase as Retail Clients.
Derived from DFSA RM149/2015 (Made 11th February 2015) [VER24/04-15]
[Added] DFSA RMI261/2019 (Made 18th December 2019). [VER35/01-20]